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New Member
posted Apr 22, 2025 10:18:40 AM

I answered the penalty question wrong and it won’t let me go back it said I need a form that I didn’t receive

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1 Replies
Level 15
Apr 22, 2025 10:35:24 AM

Which penalty?  There are several.  The 1099R RMD penalty or Early withdrawal penalty or Excess Contribution penalty or underpayment penalty?

 

For underpayment penalty, did it say Form 2210?  You don't get the 2210 you fill it out.

If you get a penalty on 1040 line 38, you might be able to eliminate it or at least reduce it. You can go to Federal Taxes tab or Personal tab, under Other Tax Situations and select Start by the Underpayment Penalties. You will answer a series of questions that may reduce or eliminate the penalty. Or you can elect to have the IRS figure the penalty for you. It's form 2210.


How to add form 2210 for Underpayment Penalty
https://ttlc.intuit.com/community/tax-payments/help/how-do-i-add-form-2210/00/25703

 

It's under

Federal tab or Personal (for Home & Business Desktop)

Other Tax Situations

Additional Tax Payments

Underpayment Penalties - Click the Start or update button